Tax

Mamdani Aims to Tax the Rich

New York City Mayor Zohran Mamdani announced plans to tax the city's wealthiest residents in an effort to fill the budget deficit of more than $12 billion.

AZ Budget Bombshell, Hobbs Medicaid Spending

Gov. Katie Hobbs’ new $17.7 billion budget proposal for Arizona is drawing heat for continuing what critics call an unsustainable trend of runaway general fund spending.

Arizona Tax Plan Could Unlock Even Bigger Savings Than Promised

Arizona’s Republican‑led Legislature is moving forward with a major tax plan expected to deliver at least $1.1 billion in taxpayer savings.

Wisconsin Supreme Court Catholic Ruling Shocks Tax Critics

Catholic Charities in Wisconsin will not be required to pay unemployment taxes after a ruling Monday by the Wisconsin Supreme Court, which found that the religious nonprofit is eligible for a statutory religious exemption.

Trump Gambling Winnings Tax Bombshell, Tax‑Free Possibility?

President Donald Trump signaled he may consider ending federal taxes on gambling winnings during recent remarks made aboard Air Force One.

Illinois Stuns Workers by Keeping Taxes on Tips

Illinois tipped workers hoping for relief under the new federal “no tax on tips” rule are in for a rude awakening—Illinois won’t be adopting the exemption.

Tax Vote Looms, Pima County’s $2.67 Billion Referendum

Pima County, Arizona, is preparing a major public vote in March 2026 on whether to extend a half‑cent sales tax for another 20 years to fund more than $2.67 billion in construction and infrastructure projects.

Illinois Sports Betting Tax Backfires, Bets Drop Millions Overnight

Legal sports betting in Illinois dropped sharply in September following the implementation of a new tax.

Indiana Redistricting Special Session Could Flip Congress

Indiana Governor Mike Braun announced a special legislative session set to begin November 3 to redraw congressional districts and update the state’s tax code in line with the new federal “One Big Beautiful Bill Act.”

IRS Releases Guidelines for ‘No Tax on Tips’

The Treasury Department and IRS released information surrounding the President Trump-backed policy of "no tax on tips."

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